Waterfront development shores up creative industries

A £20m investment in Dundee’s waterfront regeneration project is being developed by Our Enterprise, focussing on a new Design and Innovation Quarter for the city.

Inspired by the arrival of the V&A museum, the development of plot 2 of the central waterfront will create a new city square with the Malmaison.

Founder and CEO of Our Enterprise, Matthew Bell said: “We are a young, innovative development and regeneration company with a difference. Dundee’s vision for the waterfront is a perfect match for us and we are thrilled to bring our investment, energy and drive to this groundbreaking project.”

Two new city blocks designed by HTA Design LLP, will include three main elements. Firstly, on the ground floor of both blocks we will provide ‘Design, Make and Sell’ units, attracting creative businesses to showcase the best of Scottish design.

Secondly, above the new ‘Hub’ for start-up businesses will be an apartment development geared to providing high quality city-centre living. The rented apartments will create a new urban community.

Finally, to match Dundee’s rise as a location for commercial business, the development will also offer office space to businesses attracted by the new rail facilities adjacent to the development.

Our Enterprise will be bringing its ground breaking social legacy company model to Dundee – a community interest company will manage the development, ensuring a quality environment now and into the future. This retains the financial benefits locally and enables the new community interest company to offer local employment opportunities.